A Generalised Stock-Out Function for Continuous Production Variables

  • Ou Tang
Keywords: stock-out function, stochastic demand, inventory

Abstract

This paper follows up a previous study for optimising a production-inventory system when external demand is stochastic.A modified stock-out function is presented to cover more generalsituation when cumulative production may be a continuousvariable. Optimisation equations are further investigated,including the sufficient conditions for optimisation.

References

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How to Cite
1.
Tang O. A Generalised Stock-Out Function for Continuous Production Variables. PROMET [Internet]. 1 [cited 2019Aug.19];13(6):365-70. Available from: http://traffic.fpz.hr/index.php/PROMTT/article/view/1076
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